We're expecting — Well, we tried to keep it a secret as long as we could, but to be honest, we've been dying to tell you about the bun we've got in the oven. We'll soon be welcoming a new addition to the Google Docs & Spreadsheets family: presentations. — First of all, we want to welcome the team from Tonic Systems to Google.

Web 2.0 Expo: Eric Schmidt Interview — Schmidt starts off by announcing a presentation feature for Docs & Spreadsheets. John Battelle points out that this completes the Office suite, so he asks is it now a competitor to MS? Schmidt says no, because it doesn't have the same or all of MS Office's functionality.

Time Warner to Explore Reducing Cable Stake — Inside Time Warner Inc., senior executives are considering what was once unthinkable: whether the world's biggest media company should substantially reduce its cable-TV holdings over time. — Cable has been a core part of the company …

Can the Web Replace Time Warner Cable? — The Wall Street Journal's Matthew Karnitschnig has this piece today that says Time Warner is thinking of lowering its investment stake in Time Warner Cable because, in part, the Internet is emerging as a "viable venue for watching TV."

Open Letter: A Lesson Learned Twittering — The following is an open letter to Jim Louderback, Editor-in-Chief of PC Magazine, as well as any of the several hundred employees who work for Ziff Davis Media.

EXCLUSIVE: PC Magazine Considers Edelman Boycott — If there's one thing that characterizes the current social media explosion, it's the rush to push the limits. It's absolutely exhilarating... well... that is, until the Gods push back. — This is about the Gods pushing back.

Internet Names the Wrong Killer — In the absence of any official information from police on the identity of the Virginia Tech killer, internet sleuths claiming to be in-the-know have been calling attention — on message boards and online aggregators like Digg — to the LiveJournal blog of a particular 23-year-old gun nut in Virginia.

Could Vonage Sprint to an Exit? — Vonage Holdings Corp. (NYSE: VG - message board) is in talks with Sprint Nextel Corp. (NYSE: S - message board) about a way to resolve that carrier's patent lawsuit against the VOIP provider, Light Reading has learned. And one source says a Sprint buyout of Vonage is on the table.

Quanta may be developing PDA handset for Dell — Quanta Computer is developing a PDA handset for Dell, and the new model is expected to be launched in the fourth quarter of this year, according to industry sources. — Quanta said it would not comment on any issue concerning individual clients.

What's Happening to Our Lovely Cult? — Apple is no longer the Apple of old. — I'm sure the decision to delay a major update to OS X and shift engineering staff to the iPhone instead makes lots of business sense, but it signals loud and clear Apple's shift from computers to consumer electronics.

adCenter Quality-Based Ranking — On the 16th April we improved how we establish the quality and relevance of ads and landing pages in relation to the search user's likely intent. This improvement will ensure that we maintain a high quality of ads and relevance to the Live Search user …